Toronto, Ontario, October 27, 2017. Marquest 2016-II Mining Super Flow-Through Limited Partnership (the “Partnership”) is pleased to announce that it intends to transfer the assets in the National Class portfolio and the Québec Class portfolio to Marquest Mutual Funds Inc. – Explorer Series Fund, Series A/Rollover (MAV7001) (the “Mutual Fund”) in exchange for Mutual Fund shares (the “Rollover Transaction”) after the close of business on November 10, 2017.

The Rollover Transaction will result in Series A/Rollover shares being issued to the Partnership in exchange for the assets of the Partnership, and then distributed to the limited partners on a dollar equivalent basis. The Partnership will be dissolved within 60 days of the Rollover Transaction. Processing of Mutual Fund shares in investor accounts may take 2-3 business days following the Rollover Transaction.

The investment objective of the Mutual Fund is to seek long-term capital growth by investing in a diversified portfolio of primarily equity securities of attractive Canadian mineral exploration and mining companies.

The Partnership will issue a press release upon completion of the Rollover Transaction. A dissolution letter will also be available on this date at www.marquest.ca. Both the press release and dissolution letter will outline the exchange ratios for both the National Class and the Québec Class.

All tax reporting obligations of the Partnership will be completed within the required time in early 2018.